The Social Security Administration (SSA) has announced that the assessment percentage rate for fees paid directly to representatives under the Social Security Act will remain at 6.3 percent for the year 2025. This rate is the lower of two possible amounts: the specified dollar limit or the percentage necessary to recover the costs incurred by the SSA to determine and pay these fees. The maximum dollar limit for assessments is currently $120, having been adjusted for inflation, and will be revisited annually based on cost-of-living changes.
Simple Explanation
The Social Security Administration has decided that in 2025, helpers who get paid directly for assisting people with their claims will keep paying a fee of 6.3% of what they earn to cover the work of processing these payments.